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Bethereum is set to remove the taboo from betting once and for all

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Bethereum is set to remove the taboo from betting once and for all
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Blockchain powered company Bethereum officially launches its gaming platform that is a decentralized betting table secured by smart contracts

 

Hong Kong — May 2018 – Bethereum, the company introducing a blockchain-based solution to social betting, is bringing legitimacy and transparency to the social betting process with its “house-less” peer-to-peer betting ecosystem. Bethereum cuts out the middleman and keeps the interactions purely between players, to promote a safe and transparent prediction platform. Bethereum recently sold out their pre-sale round, raising over $4 million.”

What are some general themes that come to mind when you think of betting? For starters, in the long term the house always wins. The odds are rarely in your favor, but rather lie with the bookies. Transparency and trust is irrelevant. Returns are low and social involvement is lacking. Traditionally, betting and gaming have a taboo and “back-alley” connotation. But what if there was a space, free of judgement, with significantly more certainty, and maximum transparency? Bethereum offers an advanced framework combining Ethereum-based technology with powerful tools and applications to provide users with a fully decentralized alternative to traditional betting. Smart Contracts guarantee that participants will never be fooled, and that their money will be kept safe. This is done using oracles, which are trusted data feeds that send real world information directly into the smart contract to ensure that correct and necessary actions are taken. The platform additionally fosters a groundbreaking social and gamified environment to put the fun back into betting.

Bethereum successfully integrates innovative features, appealing design and community elements to offer an industry-first betting solution that users can wholeheartedly trust. The social community casts its net far and wide to reach people across the gaming world, from casual eSport lovers to high stake participants and all of the friendly competition in between. Bets are placed in user-created, public or private, groups while smart contracts protect funds and automatically distribute winnings based on bet conditions and outcomes.

Bethereum is introducing a new reality to the world of betting where the house will never win, because the house no longer exists,” CEO of Bethereum Giacomo Tognoni says. “The state of Colorado took a bold step with legislating an ancient social taboo and we’re planning to do the same. Bethereum is removing the negative connotation associated with betting, by making it a completely transparent and secure process, transacted directly and safely between peers.

The Bether token will be available for purchase both in fiat and Ether, simplifying the process while simultaneously increasing the level of security. All platform transactions and the majority of ecosystem payments will be carried out in Bether. Bethereum will offer users the chance to securely participate in a wide range of games from eSports predictions, to casino games and casual bettings.

Download the Bethereum app on the App Store.

Join the conversation about Bethereum on Telegram.

 

About Bethereum:

Bethereum is a decentralized, blockchain-powered social betting platform, offering an innovative solution to the key challenges of conventional betting. Bets are made between peers as opposed to against a bookmaker. Built on Ethereum technology and the foundation of Smart Contracts, Bethereum introduces a host of innovative and social features, all executed in a completely secure and transparent environment. Bets on the platform are carried out via Ethereum-based token: Bether (BTHR).

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PushFar and Limit Break team up to improve diversity in gaming industry

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PushFar and Limit Break team up to improve diversity in gaming industry
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PushFar, a mentoring and career progression platform, has partnered with Limit Break, a mentorship program in the games industry, to help improve diversity, inclusion and equality.

Limit Break is using PushFar’s platform to offer a mentorship program for underrepresented people working in the UK gaming industry. Recent figures show that 70% of people working in the gaming industry are male, compared to 28% female and 2% non-binary workers, and that 10% of people are Black, Asian or minority ethnic (BAME).

Founder Anisa Sanusi established Limit Break in 2019 when she found it challenging to find a mentor in the gaming industry. She recognised the value of guidance and role models for underrepresented genders, LGBQT+ and people of colour, with representation in the workforce significantly below the national average of those in work.

Limit Break turned to Pushfar for a solution because the popularity of the mentoring program meant it was time consuming and required scaling. PushFar set up an accessible and intuitive platform, making it easy to match members based on their specific profiles, and allowing the program to have international reach. The platform also enables people to connect with people from specific backgrounds through a self-matching feature. Limit Break now has up to 700 people on their mentoring program, and has seen an increase in member retention.

Ed Johnson, CEO and Founder of PushFar, said: “Having a mentoring relationship is often noted as being one of the most beneficial things you can do for career development. Employees feel motivated and supported when they see senior leaders with whom they can relate. Limit Break has recognised the advantages mentoring can bring to their industry, and taken an active role in addressing diversity and inclusion issues through it. We’re delighted to be part of this solution and hope that our platform will help more people from under-represented groups join the games industry”.

Anisa Sanusi, Founder of Limit Break, said: “Actively mentoring candidates enables us to facilitate connections for a young workforce to those with experience. We want to help to keep the games industry rich with diverse talent and passion, and hope that our program will enable more people from under-represented groups to join the industry. Creating a mentorship program can be a time consuming and complicated task, but by using PushFar we’ve been able to make it simple and easy for everyone involved.”

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Compliance Updates

MGA | Updates to the Gaming Authorisations and Compliance Directive & Key Function Eligibility Criteria Policy

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MGA | Updates to the Gaming Authorisations and Compliance Directive & Key Function Eligibility Criteria Policy
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The Malta Gaming Authority is hereby publishing a series of amendments to the Gaming Authorisations and Compliance Directive (Directive 3 of 2018). The amendments mainly relate to the following:

  • The overall number of key function roles and their underlying responsibilities;
  • The deadlines by when certain key function requirements are to be observed;
  • The persons who shall shoulder responsibility in the absence of duly appointed key function holders;
  • The manner and form in which declarations and assurances are to be made by auditors on behalf of licensees during submission of audited financial statements; and
  • The applicability of suspicious betting reporting requirements.

These amendments are being published together with a Policy on the Eligibility and Ongoing Competency Criteria for Key Persons. This Policy is intended to revise and collate the existing eligibility criteria while also introducing authorisation renewal requirements related to continuous professional development for existing key persons. Moreover, the Policy clarifies the MGA’s position regarding the compatibility of key function roles with each other in light of the amendments to the Directive.

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It’s Official! SoftGamings and Golden Hero Collaboration Is Underway

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It’s Official! SoftGamings and Golden Hero Collaboration Is Underway
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For SoftGamings, there are never enough good-quality game providers in its network, and the newest addition of Golden Hero is a testament to that fact.

Golden Hero is an Isle-of-Man-based operator known for its production and development of video slots and pachislos, a special series of slots based on Japanese pachinko games. The brand’s popularity in Japan and other Asian markets comes from its successful games and partnerships with the industry giants such as JTG. This success prompted it to seek a reliable aggregation platform to expand its reach beyond the existing markets, and SoftGamings was a natural choice.

All of Golden Hero’s games are created using the latest HTML5 technology, which focuses on mobile casino gaming. Even though its portfolio is not grandiose in number, the quality of the games it offers is undeniable. One of its most successful titles is the Battle Dwarf pachislo, voted the 2019 Game of the Year at Slotcatalog.com. Other player-favourites include Jewel Race, Hawaiian Dream, and many more.

Golden Hero is a game provider licensed by the Malta Gaming Authority and certified by SIQ, which guarantees the fairness and safety of its games. In addition, the Gamesys Group, a company that owns Golden Hero, has recently been acquired by Bally’s Corporation, making Golden Hero a part of one of the world’s largest casino corporations.

Here’s what Irina Sazonova, the director of partnerships at SoftGamings, said when reflecting on the deal: “We are overjoyed to welcome Golden Hero to our fold and, with it, give our operators a chance to improve their game portfolios with exciting and never-before-seen titles. By working with us, Golden Hero will get a chance to expand to new markets and showcase its products in the best possible way, so this partnership is the essence of a win-win situation for all parties concerned.”

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